BOROUGH COUNCIL OF THE BOROUGH OF UNION BEACH
PUBLIC NOTICE
NOTICE OF PENDING BOND ORDINANCE AND SUMMARY
The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a regular meeting of the governing body of the Borough of Union Beach, in the County of Monmouth, State of New Jersey on February 26, 2026. It will be further considered for final passage, after public hearing thereon, at a meeting of the governing body to be held at the Council Chambers at Borough Hall located at 650 Poole Avenue, in said County on March 19, 2026 at 7:00 p.m. During the week prior to and up to and including the date of such meeting, copies of the full ordinance will be available at no cost and during regular business hours, at the Acting Clerk's office for the members of the general public who shall request the same. The summary of the terms of such bond ordinance follows:
ORDINANCE 2026-368
BOND ORDINANCE AMENDING AND RESTATING BOND ORDINANCE 2025-358 PROVIDING FOR ACQUISITION OF TWO (2) FIRE TRUCKS AND RELATED APPARATUS, BY AND IN THE BOROUGH OF UNION BEACH, IN THE COUNTY OF MONMOUTH, STATE OF NEW JERSEY; APPROPRIATING $2,900,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $2,755,000 BONDS OR NOTES OF THE BOROUGH TO FINANCE PART OF THE COST THEREOF
-Purpose(s): Amending And Restating Bond Ordinance 2025-358 Providing For The Acquisition Of Two (2) Fire Trucks And Related Apparatus And Equipment
-Appropriation: $2,900,000
-Bonds/Notes Authorized: $2,755,000
-Grant(s) Appropriated: N/A
-Down Payment: $145,000
-Section 20 Costs: $290,000
-Useful Life: 20.00 years
March 4 2026
LNYS0470055
$38.72